Who Purchased the Correct Asset to Meet Their Objective

question 102

Multiple Choice

Who purchased the correct asset to meet their objective?

• A) Becky wanted to be a part owner of the Main Event party store, so she purchased a bond issued by the Main Event party store.
• B) Ashvin wanted a high return even if it meant taking some risk, so he purchased shares issued by West Wind Power instead of bonds issued by West Wind Power.
• C) Shannon wanted to buy equity in Apple, so she purchased bonds sold by Apple.
• D) Jim wanted to lend money at a specified rate of interest to Shopify, so he purchased Shopify shares.

---

Definitions:

Y-Intercept

The point at which a line or curve intersects the y-axis of a coordinate system.

Slope

In the context of linear regression, the magnitude of change in the dependent variable for each unit change in the independent variable.

Residual

The difference between an observed value and the estimated value provided by a model.

Actual Value Of Y

The observed or measured outcome in a statistical analysis or experiment, representing a specific data point on the Y-axis.